US maritime port infrastructure investment

Overview

The US Maritime Administration (MARAD) announced nearly $498 million in funding through the Port Infrastructure Development Program (PIDP) to modernize maritime gateways across 19 states. The investment targets 35 projects designed to strengthen supply chains, improve safety, and enhance efficiency through upgraded technology and cargo-handling equipment.

Significant allocations include $50.6 million for Whittier, Alaska, to replace docks and acquire cranes, and $30.75 million for Port Everglades, Florida, to harden liquid bulk terminals and improve weather resilience. Other notable projects involve $11.25 million for the North Carolina State Ports Authority-MHC for heavy-lift infrastructure, $10.2 million for the Red Wing Port Authority in Minnesota, $9.41 million for Port Freeport in Texas, and $698,750 for Rockport Harbor in Maine.

Entities

Maritime Administration · Port Everglades · Sean P. Duffy · U.S. Department of Transportation · Whittier, Alaska

Timeline

1 day ago

[BUSINESS] 2 sources
US Department of Transportation announces $498 million for port upgrades
The U.S. Department of Transportation is investing nearly $498 million into 35 port projects across 19 states to modernize infrastructure, improve cargo handling, and enhance supply chain efficiency.
4 days ago

[BUSINESS] 5 sources
MARAD awards $498 million to modernize US ports and supply chains
The US Maritime Administration is investing $498 million into 35 port infrastructure projects across 19 states to modernize supply chains, including $105 million specifically for Alaskan maritime projects.

Sources

dcvelocity.com · lifeasatrucker.com · logisticsmanager.com · marinelink.com · mustreadalaska.com · thedailyworld.com · zebramusic.com